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Peyto Exploration & Development Corp. (T:PEY)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: Suite 300, 600, 3rd Avenue S.W
CALGARY AB T2P 0G5
Tel: N/A
Website: https://www.peyto.com
IR: See website
Key People
Jean-paul Lachance
President, Chief Executive Officer, Director
Tavis A. Carlson
Chief Financial Officer
Riley Millar Frame
Chief Operating Officer
Todd Burdick
Vice President - Production
Lee Curran
Vice President - Drilling and Completions
Derick Nathan Czember
Vice President - Land and Business Development
Stephen J. Chetner
Corporate Secretary
   
Business Overview
Peyto Exploration & Development Corp. is a Canada-based oil and natural gas company. The Company conducts exploration, development and production activities in Canada. It is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta's deep basin. The Company's total Proved plus Probable reserves are 5.6 trillion cubic feet equivalent (929 million barrels of oil equivalent) as evaluated by its independent petroleum engineers. Its production's weight is approximately 89 per cent to natural gas and 11 per cent to natural gas liquids.
Financial Overview
For the fiscal year ended 31 December 2023, Peyto Exploration & Development Corp revenues decreased 36% to C$945.5M. Net income decreased 25% to C$292.6M. Revenues reflect Natural gas and natural gas liquid sales decrease of 36% to C$985.7M, Sales of natural gas and natural gas liq decrease of 74% to C$24.4M. Net income also reflects Average Production Costs per unit, Total increase of 25% to C$4.86 per barrel.
Employees: 60 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $4,304M as of Dec 31, 2023
Annual revenue (TTM): $945.51M as of Dec 31, 2023
EBITDA (TTM): $711.69M as of Dec 31, 2023
Net annual income (TTM): $292.64M as of Dec 31, 2023
Free cash flow (TTM): $7.46M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1,366M as of Dec 31, 2023
Shares outstanding: 194,544,220 as of Apr 3, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization